Is Security Credit Systems Hurting Your Credit?

Updated

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Who is Security Credit Systems?

Security Credit Systems, Inc. (SCS) is a debt collection agency based in Buffalo, New York. Their primary role is to collect unpaid debts on behalf of their clients.

If you see SCS listed on your credit report as a collections account, it means that you have an unpaid debt that has been transferred to them for collection. This usually happens when a bill has not been paid for a certain period of time.

Who does Security Credit Systems collect for?

Security Credit Systems collects debts on behalf of a variety of organizations across different sectors. These include commercial businesses, educational institutions, and medical organizations.

Is Security Credit Systems legit or a scam?

Security Credit Systems, Inc. is a legitimate debt collection company. They are authorized to collect debts on behalf of their clients. However, it’s important to verify any debts they claim you owe before making any payments.

How can I remove Security Credit Systems from my credit report?

Collections can hurt your credit score and stay on your credit report for up to seven years, even if you pay them. Paying the collection might even lower your credit score.

However, it is possible to remove a collection account from your credit history before seven years.

(Though debt collectors may not want this widely known, it’s your right to be informed.)

Ready to Repair Your Credit?

Learn how credit repair professionals can assist you in disputing inaccuracies on your credit report.

Professional credit repair services assist people in getting their credit back on track.

They can help challenge inaccurate, unfair, or unsubstantiated information on your credit report, including collections, inquiries, late payments, charge-offs, foreclosures, repossessions, bankruptcies, and more.

Get started on the path to better credit today: Fill out the form for a free credit consultation.

Security Credit Systems, Inc. (SCS) Contact Information

Address:

Security Credit Systems, Inc.
100 River Rock Dr. Ste 200
Buffalo, NY 14207

Phone number: (800) 836-4568

Should I contact or pay Security Credit Systems?

Before contacting a debt collector, verify that the debt is legitimate and accurately reported. Credit reports can contain errors or list debts that are no longer valid. Also, be aware that making payments on a debt can reset the clock and potentially harm your credit.

The most effective way to deal with Security Credit Systems is to work with a credit repair professional. They help remove millions of negative items every year from companies like Security Credit Systems on behalf of their clients.

Will Security Credit Systems sue me or garnish my wages?

Security Credit Systems, like any debt collection agency, is entitled to sue you for an unpaid debt. If they win the lawsuit, the court may grant them a judgment that allows them to garnish your wages or levy your bank account to recover the debt. However, this is typically a last resort and happens only after multiple attempts to collect the debt in other ways have failed.

Security Credit Systems, Inc. Complaints

Many collection agencies have numerous complaints filed with the Consumer Financial Protection Bureau (CFPB) and the Better Business Bureau (BBB). Most complaints are about inaccurate reporting, harassment, or failure to verify a debt. If you are being harassed, consider filing a complaint.

You have many consumer rights under the Fair Credit Reporting Act (FCRA) and the Fair Debt Collection Practices Act (FDCPA). These rights include disputing credit reporting errors and being treated fairly and respectfully by debt collectors.

Your Rights When Dealing with Security Credit Systems, Inc.

Debt collectors must follow state and federal laws. The Fair Debt Collection Practices Act (FDCPA) prohibits abusive, unfair, or deceptive practices and ensures your rights are protected:

  • It is a violation of federal law for Security Credit Systems to report inaccurate or incomplete information about you.
  • You have a legal right to request debt validation on an alleged debt. Send the collection agency a debt validation letter. They have 30 days to prove the debt is yours and the amount is accurate.
  • Security Credit Systems, Inc. cannot threaten or harass you, call repeatedly, swear at you, or publicly publish a list of debtors.
  • Security Credit Systems must be honest about who they are and their purpose. They must notify you in writing and verbally that they are a debt collection agency.
  • Security Credit Systems cannot threaten to have you arrested or imprisoned for unpaid debts.

Remove Security Credit Systems From Your Credit Report Today!

Credit Saint can help you dispute Security Credit Systems collection accounts. With over 15 years of experience, they have a proven track record of removing incorrect entries for many clients.

If you’re tired of dealing with debt collectors and want to improve your credit, consider working with a trusted credit repair company.

They have helped many people in your situation. Fill out the form on their website or call (855) 281-1510 for a free credit consultation to see what they can do for you.

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